
Cheap Apartments for Rent in the Brendonwood Neighborhood of Indianapolis, IN from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Brendonwood area of Indianapolis.


5013 N Kitley Ave

Franklin Studios

Total Monthly Price
M Club Apartments

The Life at Harrison Trails

Brookhaven Apartments

Trails at Lakeside

Timber Point Apartments

The Prairies Apartment Homes
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Apartments @ Marten Court

Williamsburg North

Castleton Manor Apartments

A62 Apartments

4200 N Arlington Ave, Unit 3

5960 42nd St

Chateau in the Woods

The Lenox Apartment Homes

Fallwood
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Residences on 56th

Heritage Apartments

TGM Avalon Lake

Park Forest Apartments

3918 N Webster Ave

4214 N Whittier Pl

Shadeland Terrace Townhomes w/Full Basements

Canterbury House Apartments - Franklin Road

Lakes at Crossbridge
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3825 N Whittier Pl

Peppermill Farms

Autumn Trails Apartments

Trenton House Apartments

Chateau De Ville

Lawrence Landing

7361 Westchester Dr

Fountain Parc

4430 N Longworth Ave
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4610 Karen Dr

7355 Westchester Dr

4610 Karen Dr
Brendonwood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Brendonwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Brendonwood Studio Apartments | $723 | $649 | $793 |
| Brendonwood 1 Bedroom Apartments | $1,020 | $725 | $1,250 |
| Brendonwood 2 Bedroom Apartments | $1,283 | $959 | $1,718 |
| Brendonwood 3 Bedroom Apartments | $1,796 | $1,165 | $5,462 |
| Brendonwood 4 Bedroom Apartments | $1,622 | $1,470 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Brendonwood Neighborhood of Indianapolis, IN.
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Brendonwood, Indianapolis, IN Local Guide
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Cheapest Available Brendonwood Apartments for Rent
 The cheapest available apartment rental in the Brendonwood area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $665. M Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Brendonwood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $665 |
| M Club Apartments | A1 | 1BR,1BA | $725 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR,1BA | $850 |
| Trails at Lakeside | Victoria | 1BR,1BA | $895 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $895 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $909 |
| Chateau De Ville | Bordeaux | Studio,1BA | $923 |
| Apartments @ Marten Court | 1x1 | 1BR,1BA | $925 |
| Lawrence Landing | One Bedroom | 1BR,1BA | $934 |
Best Value Apartments for Rent in Brendonwood, IN
As of June 15, 2026 the best value apartment in the Brendonwood area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Brendonwood apartment is the 2 Bd/2 Ba Large BRDX Model at Chateau in the Woods starting at $1,257 with a $1.06 price per square foot in the Allisonville neighborhood. Here is today’s list of the best values for Brendonwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Chateau in the Woods | 2 Bd/2 Ba Large BRDX | 2BR,2BA | $1.06 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.89 |
| The Lenox Apartment Homes | The Bedford - Classic | 2BR,2BA | $1.29 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Lawrence Landing | One Bedroom | 1BR,1BA | $1.10 |
| Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.25 |
| Williamsburg North | Ashland | 1BR,1BA | $1.21 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana and customized analysis for Northeast Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Brendonwood Apartments
What is a cheap apartment in Brendonwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Brendonwood is under $934.
What is the price of a cheap apartment in Brendonwood?
The cheapest apartment in Brendonwood is M Club Apartments which is listed at $725, while the average apartment in Brendonwood costs $1,600.
What types of apartments are the cheapest in Brendonwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Brendonwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Brendonwood?
Cheap apartments in Brendonwood have an average cost of $258 which is $1,342 cheaper than the average rent for all rentals in Brendonwood.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.